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The Power Structure of American Business

By: Beth A. Mintz, Michael Schwartz

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Paperback | 30 June 1987 | Edition Number 1

At a Glance

Paperback
348 Pages

Edition Type
New edition

Dimensions(cm)
2.26 x 1.56 x 0.22

Paperback

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Mintz and Schwartz offer a fascinating tour of the corporate world. Through an intensive study of interlocking corporate directorates, they show that for the first time in American history the loan making and stock purchasing and selling powers are concentrated in the same hands: the leadership of major financial firms. Their detailed descriptions of corporate case histories include the forced ouster of Howard Hughes from TWA in the late fifties as a result of lenders' pressure; the collapse of Chrysler in the late seventies owing to banks' refusal to provide further capital infusions; and the very different "rescues" of Pan American Airlines and Braniff Airlines by bank intervention in the seventies.

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Non-Fiction Industry & Industrial Studies Economics Business & Management Accounting & Finance Finance Banking Miscellaneous Items

Preface
Introduction
Constraint, Discretion, and Intercorporate Power
Managerial Autonomy, Corporate Unity, and the Role of Financial Institutions
The Structure and Functions of Unity among Financial Institutions
Bank Intervention, Institutional Stockholding, and Bank Control
The Texture of Financial Hegemony
Interlocking Directorates
The Structure of the Interlock System: The Meaning of Bank Centrality
Directional Interlocks and the Integration of Regional Groupings into the National Corporate Network
Hubs and Bridges: Unity and the Division of Labor in the Corporate Network
Financial Groups and Intracapitalist Competition
Conclusion Appendixes: Data Collection and Analysis for the Mathematical Analysis of Corporate Networks (MACNET)
Data Collection: Interlocking Directorates among Major American Corporations, 1962-66
Fundamentals of Centrality Analysis for Networks of Interlocking Directorates
Refinements in Centrality Analysis
Notes
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

The Power Structure of American Business

At a Glance

Paperback

Shipping

How to return your order

Defective items

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